SMEs' next big investment push: transformative technology
Tech such as AI, machine learning, blockchain, robotic process automation to be top priority by 2022, says EY report
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Singapore
INVESTMENT in technology is reaching a key milestone, according to a new EY report which found that small and medium enterprises across South-east Asia (SEA) expect to make investments in transformative technologies an investment priority over current technologies in as little as three years.
These businesses, which hail from Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, now focus their investment on current technologies (77.2 per cent), transformative technologies (76.4 per cent) and fixed assets (74.0 per cent).
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